The stock crashed 20 per cent for straight two sessions after the company posted a massive 81 per cent year-on-year (YoY) fall in consolidated net profit to Rs 100.4 crore in the June 2022 quarter. It had registered a net profit of Rs 539.2 crore in the corresponding period last fiscal.
Buy the dips in quality names with earnings visibility: Hemang Jani
The broader market had its own sort of corrective phase, but I do think that given the fact that this event has happened and though